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CARDANOADA

ADAUSD 4h Trading SIDEWAYS Range LONG On a 4H chart it seems like there is a double bottom in the forming on the lower band of the channel, that holds the price for the past 3 weeks. On a larger scale we can see an attempt of inverted H&S that failed at the now upper channel resistance level. Full double bottom formation would most likely mean retest of a channel resistance - with RSI and MACD levels low, there could be a breakout if the overall crypto market starts gaining strength. For now ADAs price stills correlates to BTC movement. Past few days it seems like a market could be forming a local bottom, opening a potential for a slow climb towards previous highs. PERSONAL TRADE: Enter trade at: 1.45 TP: half at 1.75, half keep for chance of a breakout SL: 1.30 Risk reward ratio: 2:1 + (depends on second half Profit taking) Would re-enter the trade if price comes to retest pre resistance in case of a successful breakout. Check my MACD Histogram Script. You can get it for free if you click on my profile and check scripts section ;).
KRAKEN:ADAUSDLong
by zArtac
1
Cardano consolidating 4hrCardano could be considered one of the hottest crypto's on the market. Over the last few months it's hit a few milestones. Staking went live along with full decentralization Coinbase and Coinbase Pro added it thus giving it more mainstream exposure The Ethiopia deal was confirmed (www.coindesk.com) SundaeSwap ISO is getting a date and time for their "Initial Pool Offering" where users can stake their ADA for Sundaetokens to power their Defi Exchange (similar to Uniswap) Knowing this we've seen Cardano remain resilient throughout these recent market sell-offs. We continue to see higher low's on the 4hr chart along with some sideways action and low volume (Accumulation). I do not have a particular target date for when Cardano will break up but I will be monitoring the Sundaeswap ISO announcement (supposed to be within the next day) and see if there is any correlation between their announcemet and ADA price action.
BINANCE:ADAUSDLong
by tired_man_willis
2
Cardano (ADA) - 6h. Even a strong beast is weakFor almost 2 weeks, after a powerful fall, the cryptocurrency market has not been able to recover. A prime example of this is the Cardano Project (ADA) . This coin proved to be quite strong on the strait. Of course, this market did not escape a powerful wave of decline. A powerful rebound in the price to $2 per day gave a lot of hope to investors in the ADAUSDT market. However, after this emotional upward movement of the price, the interest and confidence of the buyers plummeted. This is clearly seen in the volumes and the lazy movement of the ADA price over the past 2 weeks. In fact, the price is still moving in a broad consolidation of $1.22-1.9 . Our previous idea showed that now buyers have not yet succeeded in building a trend movement. Sellers easily broke the buying trend and made it clear that at the moment it is not yet clear who dominates the market. Therefore, we will buy this coin in 3 cases: 1. During an easy test, the mark of $1.5 2.during the test of the black trend line of the triangle in the range of $1.2-1.25 3. After fixing the price above $2 While the price is within the triangle, we can more than once witness a sharp upward or downward impulse of the ADAUSD price without logical explanation and support by volumes. Therefore, in such a situation, we expect critical points and only they make decisions. To be more convincing, we show you the ADABTC chart: Such a chart does not at all hint at the strength of the market and should discourage buying this coin at current prices. ________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
38
ADAUSD going to 2$ - Fibo retracementHello Folks ADA has been holding up very well despite the Bitcoin trending downward which many altcoins suffered but not $ADA with the rollout of the Alonzo testnet (smart contracts) we started to see bullish momentum, as you can see the price retraced on the (0.618) level and it continued it's upward price, ADA currently trying to cross the 1.65$ resistance and bitcoin is not making it easier, however we should see 2.05 in the next week, we may even see 2.30$ again If you have any ideas, please let me know in the comments.
BINANCE:ADAUSDLong
by Yousif_Mhmd
1
ADAUSDTAs you see in the 4hour chart of Cardano. It has broken the channel line and Its about to complete the pullback to the broken line. Also in the previous downtrend according to Elliott wave theory and the RD+ that we can see in the MACD It all demonstrate that the lowest price that ADA touched at about 1.0100 was the end of the 5th wave of Elliott So it means that the downtrend has been over and since ADA has broken the channel line It may reach to 2.1394 as its first target . Dont forget to put the stop loss and In order to see more technical analysis please visit my youtube channel by searching my name: Marjan Sadeghian
by Marjansadeghian
ADA, Cardano - look when to buy👇🏻ADA repeats the situation that was 2 days ago. We were in a downward local range, after which we broke through to the upside and gained 17%. What will happen this time - let's see. If anything, entry only after a breakout with a stop loss. It's not the fact that we will go up, everything can happen. Write in the comments all your questions and instrument analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
11
Short Term Bullishness - About to test 1.44ADA looks bullish on the short term price movement. It is forming an inverted triangle on the 1h chart. The price rise will be equal to the height of the candle thats comes closest on both the sides and can be seen in the charts. If the price moves over 1.45, the next resistance wil be at 1.475 and then 1.5893. With major developments about to happen by June, especially ethereum-to-cardano conversion technology, ADA has a lot of growth potential and is a worthy investment in this market. Target price: 50% at 1.44; 50% at 1.47 if it price moves above 1.45 or else 1.42. Stop Loss: 1.32
Long
by AltWhales
ADA, Cardano - did u earn with me? 25%⚡️3 days ago, I wrote about 2 entry points. The first scenario has happened. Congratulations to everyone, 25%! What's next? We built a local trend line. I see the entry point only breakout it and retest. Before that, I won't do anything. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
27
Cardano (ADA) - 6h. Positive scenario - growth to $2.5-2.7A display of character is a good sign of strength. This is what has distinguished the ADA market over the past week. Having broken through the global consolidation upwards, the ADAUSDT price successfully survived all the turbulence of the cryptocurrency market, which was provoked by BTC. In addition, our previous idea worked: If before May 8, the ADA market confidently followed the rise in the price of BTC, then since May 9, the markets have parted ways. On the daily timeframe, we see that the Cardano (ADA) market experienced a fall in the price of BTC by more than 20% in consolidation above the broken range of $1.45-1.5. Given that the dominance of BTC continues to fall further and may soon be below 40% , the continuation of the independent movement of the ADA price is quite likely. For the final confirmation of the strength of buyers, we want to see a retest of the local range of $1.66-1.69 . This range is not quite noticeable as a powerful liquid zone: As you can see on the hourly timeframe , the ADA price calmly crossed it both up and down. However, it was this range that stopped the ADA price when it broke through the upper line of global consolidation. Confirmation by buyers of control over the range of $1.66-1.69 will be a bright signal for the continuation of the upward trend with the target of $2.5-2.7. An alternative scenario in the ADA market will come below $1.66-1.69. In this case, the white trend channel of growth, which buyers form from April 23rd, will become invalid. Then we will wait for the ADA price to buy in the range of $1.17-1.21. __________________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
48
ADA - Where to next?I've liked the long side for while but I am now scaling out. (ADAEUR - is a nice chart too!) Technical aspects: Pattern: Pennant/Wedge Key Support: 2.1979383 Key Resistance: 2.490554 A break to either key Support or resistance area showing further clarification. The first trendline up nearest price action at this current moment of time, a break below bears may gain control of this market short term. However, we could re-test $2 areas. All the best, TJ (Just a trade idea, not a recommendation)
COINBASE:ADAUSD
by Trade_Journal